For Sale

382 Wharncliffe Road, London South, Ontario N6J 2M1

$589,900

382 Wharncliffe Road, London South, Ontario N6J 2M1 is For Sale and has a listing price of 589,900. The property is located in the London South . It's been on the website for 67 Days.

  • Fourplex
    Property Type
  • 3
    Bedrooms
  • 4
    Bathrooms
  • Parking
  • MLS ID: X12159652
  • Office Name ROYAL LEPAGE TRILAND REALTY
Property Description

Amazing Investment Opportunity! This fourplex has over 7.5% Cap Rate bringing over $56,000 in rental income a year. All four units are rented at market rents with reliable, A+ tenants. This property boasts a generous 169-foot deep lot providing parking for all units. Coin- op laundry for additional income. Many recent updates have been done to the property including metal roof, eaves, soffits, most windows, siding, A/C (2020-2021). Units have been fully renovated with modern updates (2020/2021). Conveniently located near bus routes, schools, downtown, and many amenities.

Property Details
  • Bedrooms: 3
  • MLS ID: X12159652
  • Bathrooms: 4
  • Price: $589,900
  • Lot Depth: 169.06
  • Transaction Types: For Sale
  • Ref ID: X12159652
  • Year Built: N/A
  • Approx Sqft: 1100-1500
  • Dir / Cross St: Langartg
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 51-99
  • Property Type: Fourplex
  • Property Type: All Houses
  • Property Sub Category: Fourplex
Price History
List Date MLS ID List Price Status End Date Closed Price
05/20/2025 X12159652 $589,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London South
  • $854,986 Average List Price
    based on 1 year
  • 131 New Listings
    based on 30 days
  • 37 Median Days on Market
    based on 1 year
  • List vs. Selling Price 146.77 % Up
  • Sold (12mo) 127
  • Rented (12mo) 94

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style Bungalow
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: 4
  • Exterior Vinyl Siding
  • Kitchen 4
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 2
  • Taxes: $2,297
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 20/05/2025 17:31:29
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